Does the principal agent/engineer have power to give instructions after practical completion? (4)
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1.3 Does the principal agent/engineer have power to give instructions after practical completion? (4)
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- Question 1 Read the following extract and then answer the questions below.Part A Mr. Baeti has been engaged by Local Enterprise Authority (LEA) as a consultant. He is tasked to carry out a workshop for LEA beneficiaries and the objectives of the workshop is to teach or equip members with knowledge how the contract of Agency can be authorised in order for it to be in place. The reason for this is that LEA members are struggling to reach out to their customers and grow their business. Mr. Baeti wants to teach the members about the various sources of authority that may lead to the existence of an Agency. What are those available authorities that Mr. Baeti should teach these LEA members about? In doing so and where necessary, Mr. Baeti should give examples of relevant cases to support his answer. Explain in detail what Mr. Baeti should discuss with LEA members Part B Assist Mr. Baeti to list 5 duties of an agent.Question 1 - Business With reference to the article above, write an office memo of 400-550 words, discussing the defensive strategy used by Sibanye Stillwater Ltd There are 3 types of defensive strategy: Retrenchment Divestiture Liquidation Discuss which defensive strategy used by Sibanye Stillwater Ltd Case study: Huge job cuts looming for one of South Africa’s biggest employersSibanye Stillwater Ltd. said it might cut more than 2,000 jobs at some gold mining operations in South Africa that are struggling to make a profit. The Johannesburg-based precious metals producer will enter into consultations with labour groups and other stakeholders on the proposed restructuring, which could affect 1,959 employees and 465 contractors at its Beatrix 4 shaft and Kloof 1 plant. The operations aren’t profitable as they are running out of commercially viable ore, and they face rising costs and lower output levels, Sibanye said in a statement. “To allow shafts and operating plants that are no…Question 1 (a) Describe the four (4) basic management functions (b) You are the head of your company’s marketing department and you are requiredto achieve a sales target of RM1 million by 31 Dec 2022. Explain how you can usethe four basic management functions to achieve the sales target.
- Question Four (4) a)The overall objective of the procurement evaluation process is to reduce purchase risk and maximise value to the purchaser. Discuss the stages of supplier evaluation and selection that you must go through in order to achieve the said objectives. b)Why is it necessary for project promoters to prepare a business case?Question 1: In your own opinion, why do you think contracting is attracting a lot of attention to the business community?Explain Bill-of-Materials?
- COMPANY X: 25 page report with references 1. Background: The technology industry, specifically the software development and services sector, has experienced significant growth and innovation over the years. Company X, a leading software development and services company, was founded in 1999 and has established itself as a key player in the industry. The leading competitors in the industry are Company Y and Company Z, each with their own areas of expertise and market position. 2. External Environment Analysis: The external environment, including political, economic, social, technological, legal, and environmental forces, has a significant impact on the software development and services industry. Government regulations, economic conditions, changing consumer preferences, technological advancements, legal frameworks, and environmental concerns all shape the industry's dynamics. The industry can be further analyzed using Porter's Five Forces Model, which considers the threat of new…Question Before setting up any new venture, it is vital that a budding entrepreneur does his groundwork and prepare for his entrepreneurial journey. One of the most important step is doing a feasibility analysis. A well-planned and carefully executed feasibility analysis can almost guarantee the long-term success of any new venture. Mr. Brian Tan wants to set up his own business after working in several companies in varied industries over the last 22 years. He has adequate experience in each of these industries. Suggest practical ways how Brian could conduct a feasibility analysis for the following four potential businesses he is interested in: A music school for adults; A fitness centre for women; A pet sanctuary; and A night club for young adults Since his finances are limited and a mistake can be very costly at his age, Brian needs to ensure he steps into the right business. As an entrepreneurship education expert, he seeks your advice. How would you suggest he make his…Question Before setting up any new venture, it is vital that a budding entrepreneur does his groundwork and prepare for his entrepreneurial journey. One of the most important step is doing a feasibility analysis. A well-planned and carefully executed feasibility analysis can almost guarantee the long-term success of any new venture. Mr. Brian Tan wants to set up his own business after working in several companies in varied industries over the last 22 years. He has adequate experience in each of these industries. Suggest practical ways how Brian could conduct a feasibility analysis for the following four potential businesses he is interested in: A music school for adults; A fitness centre for women; A pet sanctuary; and A night club for young adults Since his finances are limited and a mistake can be very costly at his age, Brian needs to ensure he steps into the right business. As an entrepreneurship education expert, he seeks your advice. How would you suggest he make his…
- Question Before setting up any new venture, it is vital that a budding entrepreneur does his groundwork and prepare for his entrepreneurial journey. One of the most important step is doing a feasibility analysis. A well-planned and carefully executed feasibility analysis can almost guarantee the long-term success of any new venture. Mr. Brian Tan wants to set up his own business after working in several companies in varied industries over the last 22 years. He has adequate experience in each of these industries. Suggest practical ways how Brian could conduct a feasibility analysis for the following four potential businesses he is interested in: A music school for adults; A fitness centre for women; A pet sanctuary; and A night club for young adults Since his finances are limited and a mistake can be very costly at his age, Brian needs to ensure he steps into the right business. As an entrepreneurship education expert, he seeks your advice. How would you suggest he make his…Question Before setting up any new venture, it is vital that a budding entrepreneur does his groundwork and prepare for his entrepreneurial journey. One of the most important step is doing a feasibility analysis. A well-planned and carefully executed feasibility analysis can almost guarantee the long-term success of any new venture. Mr. Brian Tan wants to set up his own business after working in several companies in varied industries over the last 22 years. He has adequate experience in each of these industries. Suggest practical ways how Brian could conduct a feasibility analysis for the following four potential businesses he is interested in: A music school for adults; A fitness centre for women; A pet sanctuary; and A night club for young adults Since his finances are limited and a mistake can be very costly at his age, Brian needs to ensure he steps into the right business. As an entrepreneurship education expert, he seeks your advice. How would you suggest he make his…Question Before setting up any new venture, it is vital that a budding entrepreneur does his groundwork and prepare for his entrepreneurial journey. One of the most important step is doing a feasibility analysis. A well-planned and carefully executed feasibility analysis can almost guarantee the long-term success of any new venture. Mr. Brian Tan wants to set up his own business after working in several companies in varied industries over the last 22 years. He has adequate experience in each of these industries. Suggest practical ways how Brian could conduct a feasibility analysis for the following four potential businesses he is interested in: A music school for adults; A fitness centre for women; A pet sanctuary; and A night club for young adults Since his finances are limited and a mistake can be very costly at his age, Brian needs to ensure he steps into the right business. As an entrepreneurship education expert, he seeks your advice. How would you suggest he make his…